EarningsQ1 2027 Earnings Report
DE:0EF Q1 2027 EPS Results
Actual EPS€1.51
Consensus EPS€0.62
Beat/MissBeat by +€0.89
One Year Ago EPS€0.77
DE:0EF Q1 2027 Revenue Results
Actual Revenue€414.07M
Expected Revenue€372.46M
Beat/MissBeat by +€41.61M
YoY Revenue Growth+35.52%
Earnings Announcement Details
QuarterQ1 2027
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
DE:0EF Upcoming Earnings
e.l.f. Beauty's next earnings date is estimated for November 4, 2026, based on past reporting schedules.
Q1 2027 Earnings Call Audio
DE:0EF Q1 2027 Earnings Call
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Q1 2027 Earnings Slide Deck
Q1 2027 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a strongly positive operational and financial picture: robust revenue growth (36% YoY), substantial international expansion (61% international growth), a meaningful contribution from the rhode acquisition (~$160M in Q1 with a $27M single-day DTC launch), and raised full-year guidance for sales and EBITDA. Profitability expanded materially in Q1, though a sizable portion of margin and net income improvement was driven by a one-time $50M tariff refund that management intends to reinvest across pricing and marketing over the rest of the year. Management is investing heavily in marketing, supply chain diversification and brand expansion (including international rollouts and a new haircare category), which increased SG&A and will pressure near-term operating leverage but is intended to drive long-term growth. On balance, the positive drivers (strong top-line beats, raised guidance, brand momentum, cash strength and supply-chain progress) outweigh the transitory headwinds (one-time tariff benefit, unit declines, temporary higher spending and certain market lapping effects).Company Guidance
Robust Top-Line Growth and Durable Momentum
Net sales grew 36% year-over-year in Q1; company delivered its 30th consecutive quarter of net sales growth. U.S. net sales grew 29% and international net sales grew 61%.
Raised Fiscal '27 Outlook
Company raised full-year net sales growth guidance to 18%–20% (from 12%–14%). Adjusted EBITDA guidance raised to $401M–$407M (from $379M–$385M). Adjusted net income guidance raised to $212M–$215M and adjusted EPS to $3.50–$3.55.
rhode Contribution and Exceptional DTC Demand
rhode contributed approximately $160M in Q1 net sales. rhode's summer product launch generated $27M of direct-to-consumer sales in a single day and acquired ~90,000 new consumers that day; ~70% of that day's sales came from repeat customers.
Strong Profitability and Margin Expansion (Adjusted)
Reported gross margin of 83% in Q1, up ~1,400 basis points year-over-year; excluding $50M IEEPA tariff refund benefit, gross margin was still up ~350 basis points. Adjusted EBITDA was $168M, up 93% from $87M; excluding tariff refunds, adjusted EBITDA rose ~36% year-over-year.
Adjusted Net Income and EPS Improvement
Adjusted net income was $105M, or $1.75 per diluted share, versus $51M or $0.89 per diluted share a year ago. Tariff refunds contributed approximately $40M (≈$0.68 per diluted share) to adjusted net income in Q1.
International & Brand Expansion Traction
Non-e.l.f. brands now represent over 30% of sales (from <1% three years ago); skin care grew from 10% to nearly 25% of sales; digital penetration improved from 18% to 30%. e.l.f. is expanding into Boots (U.K.), Sephora (Brazil) and growing Naturium and rhode distribution (rhode launching in Sephora Europe across 19 countries).
Balance Sheet Strength and Capital Allocation
Cash on hand ended Q1 at $344M (vs. $170M a year ago). Company repurchased approximately $50M of common stock in Q1. Net debt to adjusted EBITDA is less than 1.5x.
Supply Chain Diversification
Production sourced outside China increased from ~1% a few years ago to an expected ~60% by the end of the fiscal year, reducing concentration risk and improving global responsiveness.
DE:0EF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed